According to the public record, Flat 4, 49, Percy Park Road, North Shields is a period leasehold apartment and with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 49, Percy Park Road, North Shields, NE30.
Percy Park Road, North Shields, NE30 is located in the borough of North Tyneside within the NE30 postal district.
Flat 4, 49, Percy Park Road, North Shields has 51 entries in the Land Registry database, most recently in September 2023 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 4 49 Percy Park Road North Shields as £233,065 and the rental value as £1,242 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 4 49 Percy Park Road North Shields has increased by £1,550 (0.7%) and its rental value has increased by £114 per month (9.2%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 4, 49, Percy Park Road, North Shields is in very good condition we estimate a sale value of £244,718 and rental value of £1,304 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £216,750 and a rental value of £1,155 per month.
If you were able to purchase this property for the estimated value of £233,065, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,145 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, Flat 4, 49, Percy Park Road, North Shields was last sold on 21 Sep 2023 for £252,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Sep 2023, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 49, Percy Park Road, North Shields within a radius of 93m over the last 2 years.
The most recent example is 18, Latimer Street, North Shields, NE30 4EY, a Leasehold flat which sold for £216,000 in Aug 2021.
Read more about house prices in NE30.
Percy Park Road, North Shields, NE30 has a total of 60 addresses. According to our analysis of all the public data, Flat 4, 49, Percy Park Road, North Shields is the 42nd largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £85k less expensive than the average property in NE30.
Flat 4, 49, Percy Park Road, North Shields has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Aug 2012.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 4, 49, Percy Park Road, North Shields is Northumberland Park (Tyne & Wear) station which is 6.2 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, 49, Percy Park Road, North Shields, 38.5% of property is privately owned with a mortgage and 26.9% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 4, 49, Percy Park Road, North Shields, 17.2% of residents are recorded as possessing school level qualifications and 57.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 4, 49, Percy Park Road, North Shields, the average age was 45.8 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 4, 49, Percy Park Road, North Shields, 0.8% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 4, 49, Percy Park Road, North Shields, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.